for the Period Ended 31 January 2017
Company Information - 3 | |
Balance sheet - 4 | |
Additional notes - 6 | |
Balance sheet notes - 7 |
for the Period Ended 31 January 2017
Director: |
|
|
Registered office: |
|
|
Company Registration Number: |
|
|
As at
Notes |
2017 £ |
2016 £ |
|
---|---|---|---|
Fixed assets | |||
Tangible assets: | 2 |
|
|
Total fixed assets: |
|
|
|
Current assets | |||
Debtors: |
|
|
|
Cash at bank and in hand: |
|
|
|
Total current assets: |
|
|
|
Creditors: amounts falling due within one year: |
( |
( |
|
Net current assets (liabilities): |
( |
( |
|
Total assets less current liabilities: |
|
|
|
Provision for liabilities: |
( |
( |
|
Total net assets (liabilities): |
|
|
The notes form part of these financial statements
As at 31 January 2017
Notes |
2017 £ |
2016 £ |
|
---|---|---|---|
Capital and reserves | |||
Called up share capital: |
|
|
|
Revaluation reserve: | 3 |
|
|
Profit and loss account: |
|
|
|
Shareholders funds: |
|
|
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 January 2017
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write each asset down to its estimated residual value evenly over its expected useful life as follows:
Fixtures and equipment at 25 % reducing balance.
Freehold property - the company 's policy is to maintain the property to a high standard and the buildings have a long estimated useful life. Accordingly, any depreciation charge will be immaterial and therefore no depreciation on the building has been provided this year.
Other accounting policies
for the Period Ended 31 January 2017
Total | |
---|---|
Cost | £ |
At 01 February 2016 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 January 2017 |
|
Depreciation | |
At 01 February 2016 |
|
Charge for year |
|
On disposals |
|
Other adjustments |
|
At 31 January 2017 |
|
Net book value | |
At 31 January 2017 |
|
At 31 January 2016 |
|
for the Period Ended 31 January 2017
2017 £ |
|
---|---|
Balance at 01 February 2016 |
|
Surplus or deficit after revaluation |
|
Balance at 31 January 2017 |
|
for the Period Ended 31 January 2017
On transition to FRS 102, the company has taken advantage of the following transitional relief:
To us a previous GAAP revaluation as deemed cost on an item of property, plant and equipment.